The financing comes 13 months after Earthbound Farms, a subsidiary of food and beverage conglomerate WhiteWave Foods, made an $3 million investment in Daily Greens in exchange for a minority stake in the company.
Prochnow pointed to terms like “healthy” and “made in the USA” as examples of label claims that must be substantiated or companies risk the wrath of class action lawsuits.
Sources tell Reuters that Kroger is in the second round of an auction process that’s also seen interest from buyout firms Apollo Global Management LLC, KKR & Co LP, and TPG Capital LP.
Juicy news coming out of California: Jeff Hansberry, the president of Starbucks’ Evolution Fresh unit, has taken a new role as president and chief commercial officer of sales and marketing broker Advantage Solutions.
We really like the formulation of Up Mountain Switchel's new Cayenne and Yerba Mate varieties, but the 12 oz. jar package (one most often used for jelly or condiments) might not be the best for format for the liquid.
Mucho Gazpacho has added two new varieties -- Beet and Green -- to its line of shelf-stable bottled gazpacho drinks.
We often ask event speakers to consult their crystal balls for the future of the beverage business. This time, we reached out to friends so that you wouldn’t have to travel. So here’s what they’re thinking about as they look down the road, and also, what we think some of our biggest questions are for the industry in 2016.
Just as kombucha has evolved from a community of homebrewers to a $600 million beverage category, Kombucha Brewers International has taken significant steps over the last year to further professionalize its role as the trade association for the industry.
A brand pivot in 2012 enabled growth, noted CEO Chris Cuvelier.
The makers of Miron Energy Drink have set out to deliver a unique beverage experience that combines energy with excellent taste. Like every energy drink that comes to market, there’s a big challenge of establishing a niche that is both meaningful and is otherwise unoccupied.
Monster Beverage Corp. is facing new lawsuits whose plaintiffs allege that consumption of the company’s energy drinks resulted in serious injuries
Clearly Kombucha has introduced two new lemonade-flavored products. The company's Ginger Mint Lemonade Kombucha and Raspberry Lemonade are both well-executed additions to the brand.
Company founder Chris Cooper said that the capital investment was necessary because he views ownership of the production process as the optimal way to maintain a consistent level of quality and control profit margins in the long term.
Designed to give new and growing food and beverage companies a fast and comprehensive look at the challenges facing startups, BevNET Boot Camp leverages experts’ insights, successful entrepreneurs’ experiences, and a healthy dose of networking into an inspirational day of education and connection.
